CIY is heading down because the management has got meglomaniac visions of being listed in asx200 (they first tried to acquire SEL, now they are trying for TER). However fundamentals don't look too bad.
OSH is heading down because of dropping crude futures. However, even with oil at $40, surely this company is worth buying now in the $1.60's region?
markrmau
9th-May-2005, 11:36 AM
Well this is an old message, but maybe CIY is coming up for a buy again (after I wrote this CIY went from something like 4.40 to 5.70, and you all know what happened to OSH).
CIY was hammered for R/E exposure, and withdrawal of the sunleisure thing.
Currently sitting on $3.68, but it has a heck of a lot of FUM, and perhaps this sunleisure thing doesn't warant quite this sell off.
Opinions? (I sold out long time ago though)
Edit: hang on forget that... possibly the market has a whiff of something else... possible downgrade?
DTM
9th-May-2005, 01:45 PM
Opinions?
OSH is heading down because of dropping crude futures. However, even with oil at $40, surely this company is worth buying now in the $1.60's region?
OSH is one I think will be on its way up again. I would buy options on it but it moves too slowly for me. :2twocents
sweetbarrister
8th-July-2006, 09:23 AM
CIY looks like it is ready to hum with its development in Townsville. Go to ASX on the net and look up announcements for the full details. The stock quickly responded by almost hitting $4.00 on Friday
